The company said that the sale aligns with maximizing shareholder value while providing effective ownership for the pizza chain Chiara Kim is an Editorial Assistant, Food at PEOPLE. She has been ...
Pizza Hut sold to equity firm LongRange Capital and Yum China Add as a preferred source on Google Under the deal, Yum China Holdings will acquire Pizza Hut's mainland China operations for $1.2 billion ...
Yum! Brands said Tuesday that it is selling Pizza Hut in a $2.7 billion deal that will split ownership of the restaurant chain between a U.S. private equity firm and a Chinese restaurant company.
It may seem like an unlikely combination: Pizza Hut, 24 Hour Fitness and a funeral casket and urn maker. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive ...
Yum! Brands said Tuesday it is selling Pizza Hut for $2.7 billion, after years of lagging sales at the pizza chain. Private-equity firm LongRange Capital has agreed to acquire Pizza Hut’s operations, ...
Yum! Brands is selling its struggling Pizza Hut chain in a deal worth $2.7bn (£2bn), the company has announced. Private equity firm LongRange Capital will acquire the brand outside of mainland China ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Pizza Hut, the 68‑year‑old chain once synonymous with sit‑down pizza ...
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Pizza Hut’s fate sealed after one brutal trend
Pizza Hut, the 68‑year‑old chain once synonymous with sit‑down pizza dinners, is being sold in two transactions totaling $2.7 billion as the brand continues to face declining sales and mounting ...
Yum! Brands, parent company of KFC and Taco Bell, to sell Pizza Hut as it faces dated stores and growing competition The struggling Pizza Hut restaurant chain will be sold for $2.7bn by parent company ...
Yum Brands announced on Tuesday that it is selling Pizza Hut to private equity firm LongRange Capital for $2.7 billion, completing a strategic review of the iconic pizza chain and enabling the company ...
Yum Brands is selling Pizza Hut for $2.7 billion, capping off years of struggles for the pizza chain. Rival Domino's Pizza has gobbled up market share from Pizza Hut for years. Parent company Yum ...
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